Charting OUR COURSE TO NEW Energy SOLUTIONS

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Charting O U R C O U R S ET O N E W Energy S O L U T I O N SGuam Power AuthorityATURIDAT ILEKTRESEDAT GUAHANCommunications/Public Information DivisionP.O. Box 2977Hagåtña, Guam 96932Telephone: (671) 648-3000www.guampowerauthority.comGUAM POWER AUTHORITYA N N UA L R E P O R T 2 0 1 02GUAM POWER AUTHORITYA N N UA L R E P O R T 2 0 1 03

Mission StatementWe provide our island community with reliable,efficient, safe, and environmentally responsibleenergy services in a professional, innovative,economical, and service-oriented manner.Vision StatementGPA will be the best utility providing outstandingenergy services to our island community.CONTENTSCharting Our Course to New Energy Solutions 2MessagesGovernor, Lieutenant Governor of Guam 4Consolidated Commission on Utilities 5Consolidated Utility Services General Manager 6General Manager 7Overview: Serving Our Customers 8Strategic Goals 9Keeping Customer Rates Down 10High System Reliability 12Energy Solutions for Customers 14Smart Grid Q&A 15Update on the Integrated Resource Plan-IRP 16Superior Service to Customers 18Meeting Military Buildup Challenges 19Remaining Financially Sound 20The Future 22Financial Report 2010 24Acknowledgments 65GUAM POWER AUTHORITYA N N UA L R E P O R T 2 0 1 045

Charting O U R C O U R S ET O N E W Energy S O L U T I O N SAt this time in the Guam Power Authority’s history, there are as manyopportunities as there are challenges coming our way. One on hand, the demandfor power is increasing with growth in our population and an expansion ofour lifestyles. On the other hand, the way we generate the power to meet theseneeds must change due to price fluctuation and the depletion of fuel oil and theawareness that fossil fuel is not the best source of energy for a happy, healthyplanet.GPA’s challenge is to continue to provide our island community with reliable,affordable power while remaining stewards of the resources of our island and ourplanet. To do this we must be innovative. We must watch our finances diligently.We must be responsible not only to the customers of today, but to those oftomorrow.Our opportunities in meeting these challenges are many. We have the newresources of technology and invention to call upon. We can develop systems formanaging energy on Guam that will set a new course for the future. The changeswe make today will make our lives better and will be a legacy that will serve futuregenerations well.As we explore the new world of energy solutions, we take heart in knowing thatwe are not the first to face the challenges associated with greatly changing our lives.We have to look only to the shores of our island and the great ocean beyond forinspiration. Our momentous journey to new energy solutions has begun, and justas the ancient migrations of the Pacific succeeded, so will ours.6RENEWABLEENERGYNEWTECHNOLOGIESThe GPS of Yesterday:Stick ChartSUSTAINABLEFUTUREFor thousands of years the ancientseafarers of Micronesia navigatedvast ocean reaches guided by theknowledge of generations wholearned from the stars and the seas.The Marshall Islands mattang,or stick chart, is one of thetraditional navigational devicesof Micronesia and is considered tobe “near scientific in design andbased primarily on water surfaceconditions1.”The peoples of the Pacific relied onthe mattang and an array of othertraditional technologies to migrate,settle and establish the many,varied cultures of Micronesia.1Davis, Lt. Col. Charles J., “Stick Charts OfMicronesia”, Navigation, Vol. 11, No. 1, Spring1964, pp. 32-37.7

CO N S O L I D AT E DCOMMISSION ON UTILITIESG uam Power Auth or it y G uam Water wor ks Auth or it yP. O. B OX 2 9 7 7 Hagåtñ a, G uam 9 6 9 3 2Message from the Consolidated Commission on UtilitiesSimon A. Sanchez, IIChairmanMy fellow commissioners and I are charged with continuing to seek to improve the delivery of electrical services to ourcustomers through accountability and reliability. The Guam Power Authority’s customers have come to expect this quality andcommitment from their power company. It is a great honor to serve our island in this capacity.A key issue that we face involves the inclusion of alternative/renewable energy technologies in “the mix” of energy thatis used to generate electricity in the Island Wide Power System (IWPS). We have made great strides toward adding Greentechnology and we will be making more as new initiatives are completed. Investments in our baseload generators haveincreased their efficiency. The completion of underground projects and the addition of more certified journeymen to ourtechnical workforce have already brought greater reliability. The completion of our Integrated Resource Plan (IRP) and theexploration of alternative/renewable Green Technology for our island are setting the stage to diversify our generation assetsand reduce our reliance on fossil fuels. These efforts not only have improved our existing system but are positioning GPA toacquire alternative/renewable resources.As we take the actions that will create an environment that provides the dual benefits of system reliability and generationdiversity, we are acutely aware that “the future” is not some far distant date, but is instead today’s reality. Generation diversitymust continue to be one of the driving goals of the Guam Power Authority. In the next few years, there is much more to bedone. The possibility of including such technologies as wind, solar and geothermal here on Guam would literally change thelandscape of our island, yet not doing so would mean that we would continue to be reliant on a resource that is as susceptibleto price fluctuations as to the changing tides. We have already felt the impact of swings in the market price of oil and seen theripple effect it has had on our island quality of life. Diversification will bring new educational and career options for our localworkforce. Embracing the challenge of diversification can be an investment in our island that creates new, desirable jobs intechnical fields while conserving both our financial and natural resources.Benigno M. PalomoVice Chairman GPAEloy P. HaraVice Chairman, GWALooking forward, I, along with my fellow Commissioners, are confident that our island will grow and prosper as we cometogether to plan and act on the issues that ensure that we can provide the power that is needed for the people of Guam.Si Yu’os Ma’ase,Gloria B. NelsonSecretarySIMON A. SANCHEZ, IIChairman, Consolidated Commission on UtilitiesJoseph T. DuenasCommissioner89

GUAM POWER AUTHORITYCO N S O L I D AT E DCOMMISSION ON UTILITIESATURIDÅT ILEKTRESEDÅT GUAHANP. O. BOX 2977 HAGÅTÑA, GUAM U.S.A. 96932-2977G u a m Powe r Au t h o r i t y G u a m Wate r wo r k s Aut ho r i t yP.O. B ox 2 9 7 7 H a g åt ñ a , G uam 9 6 9 3 2Message from the General Manager of Consolidated Utilities ServicesMessage from the General Manager, Guam Power AuthorityEconomic activity has begun to reach our shores with the promise of opportunity and growth to our island whileat the same time we face many changes in the electric industry. Nevertheless, the Guam Power Authority’s missionmust remain first and foremost to improve services to the people of Guam. This is a twofold challenge. We mustcontinue to provide reliable service to today’s customers while implementing the creative and innovative solutionsthat will maintain our quality of life and sustain our resources for the customers of the future.There are few times in the history of an organization when we all can appreciate that themagnitude of our efforts will serve as a launching point for the next decade and beyond. This pastyear and the period heading into this year have given us a clear vision of where we want the GuamPower Authority to be as a world class electric utility.The Guam Power Authority is well prepared to meet this challenge. In my previous messages in this forum, Ihave spoken about the preparations we have made to bring us to this point. We have positioned GPA to betterrespond to change with advances in the industry that focus on improving customer services, increasing efficiency andcommunicating accountability to our employees. Embracing these strategic goals will help guide the Authority todeliver on this commitment to provide reliable electrical services that is affordable to our people.The balance we maintain as we work towards these goals will help GPA better navigate through external conditionson which we have neither control nor influence—such as the rising cost of fuel oil on the world market. We are ableto control and optimize the use of technology to work on raising system reliability and make continued investment inprojects supporting efficiency and sustainability.We will continue to encourage and provide technical training for our employees to help achieve these goals and aswe do so to foster the leaders that GPA and our island will need in the years to come. Providing this sustainability atour core business unit will ensure that this utility continues to progress on its present course.I am confident that the expectations we have set for ourselves are achievable and realistic. We will see a GPA thatcan support our island’s need for energy in a responsible, sustainable manner for the people of Guam.The sale of over 200 million in bonds highlighted an achievement that merged our efforts overthe past several years with worldwide and regional political events to bring about change regardingthe way we carry out operations and day-to-day business.The bond funds will enable increased efficiency and reliability to our work processes throughinnovative technology aimed at reducing outages, improving communications and givingcustomers the tools to better manage their energy usage to conserve electricity.These bond funds will also help diversify our energy resources to lessen our reliance on fuel oilwith alternative/renewable energy technology. In turn, these technologies will offer a wider rangeof opportunities to support higher education, economic growth and environmental sustainability.While the need for our services has not changed, the delivery of these services and the energyindustry itself have changed enormously. As we chart our course toward a better future, ourjourney will be determined by the decisions we make today. We remain dedicated to providingenergy services that meet our island community’s needs today and in the future.Senseramente,Senseramente,JOHN M. BENAVENTE, P.E.General Manager, Consolidated Utility Services10JOAQUIN C. FLORES, P.E.General Manager11

The Flying Proa:A New Connection with a Lost ArtThe Chamorro flying proa or sailingcanoe is renowned among the ocean-goingcraft of the world. “These canoes were theancient Chamorros’ primary means oftransportation between the Mariana Islandsfor reasons of trading, war, match-makingand recreation. A more impressive feat ofthe ancient Chamorros was their use of thecanoe in the deep sea to troll for pelagicfishes, including large and powerful billfishes.”1Although the tradition of building andsailing the Chamorro proa was lost forseveral hundred years, this art is beingenthusiastically revived and has becomea point of connection with other seafaringislands of the region.Overview: Serving Our CustomersThe Guam Power Authority is a component unit of the Government of Guam governed by theConsolidated Commission on Utilities, which has an elected board of five members. GPA is subjectto the regulations of the Public Utilities Commission of Guam and has adopted the Uniform Systemof Accounts prescribed by the Federal Energy Regulatory Commission.Guam is growing and the need for electricity is growing as well. All the electrical power used heremust be generated on island. In recent years, the Guam Power Authority has greatly improved itscapacity, reliability and efficiency for making the power to serve the needs of the people of Guam,but the cost of making electricity is still expected to rise because the cost of oil is expected tocontinue to rise as is the cost of delivering this oil to Guam.GPA is already seeking alternative, renewable sources of energy that can be used on Guam to keepour rates down while protecting the environment. Likewise the Authority has taken steps to manageand control the efficiency of power generation using smart technology.In FY2010, the Guam Power Authority focused on nine strategic goals designed to fulfill its statedmission. These goals are intertwined. GPA employees working in every function in every departmentseek to contribute to multiple aspects of these nine goals as they serve GPA customers.Andrew Diaz Artero, ‘Canoe Building’, referenced August2, 2011, 2009 Guampedia , URL: http://guampedia.com/canoe-building-2/1Our CustomersRate 71,3068.20%Navy1110.0%Total45,98346,84747,826% change2.09%STRATEGIC GOALS:SUPERIORCUSTOMERSERVICEHIGH SYSTEMRELIABILITYFINANCIALLYSOUND ANDSTABLERENEWABLEENERGYINITIATIVESEMPLOYEROF CHOICECOMMITMENTTO PRODUCTAFFORDABILITYPROTECTOUR ISLAND’SENVIRONMENTOPTIMIZETHE USE OFTECHNOLOGYSUSTAINOUTSTANDINGLEADERSHIPStrategic Goals:these interwoven goals guideGPA to fulfillment of its mission. Every function inevery department must make a contribution to multipleaspects of these nine goals.The total number of customers served by the Guam Power Authority has continued togrow.1213

Keeping Customer Rates DownThe Guam Power Authority is pleased to report that commitment toaffordable rates and superior service has continued to serve customerswith reliable electrical power and favorable rates. Residentialcustomers on Guam pay lower power rates than many othercommunities in the Pacific and the U.S. mainland.Planned GPA – GWA Multi Purpose FacilityAlthough rising fuel oil prices affect everyone’s power bill, GPAworks hard to hold the line against rate increases and passes thesesavings to customers. GPA has been creative in employing a varietyof policies and investing in improvement projects to keep rates on asteady course. The goal is to hold the line against rate increases whileimproving both reliability and convenience for every GPA customer.Affordability, Reliability, ConvenienceHere are some key ways GPA is working on affordability, reliabilityand convenience. Consolidation of administrative support functions of GuamPower Authority and Guam Water Works Authority in the areas ofengineering, customer services, centralized safety, environmentalcompliance and fleet transportation services. Alternative locations of Power System Control Center (PSCC)addressing Homeland Security concerns. Full service business center and energy center for residentialcustomers.Residential Rate ComparisonCents per KWH50.0040.003 3 .1530.0019 . 9 020.0010.002 3 .6 02 6 .6 93 7.9 93 9 .6 24 1.0 1Guam Fuel cost savings through improved operations through LEAC. Extending life of Cabras I & II power generating units, saving thecost of an additional base load unit.2 6 .9 7 Underground Fuel Line Project designed to decrease exposureto damaging elements, reduce costly fuel leaks and monitor fuelconsumption for improved accountability.9 .70Flo rid aSanDieg oSaip anOahuSOURCES:1. Guam - rate published by Guam Power Authority (Effective Date: 8/1/2010 up to 1/31/2011)2. Saipan - http://www.saipantribune.com/newsstory.aspx?cat 1&newsID 1059203. Kauai - rates published by Kaua’i Island Utility Cooperative (Effective Date: 11/7/2010)4. Oahu, Hawaii, Maui, Molokai, Lanai - rates published by Hawaiian Electric Company (HECO,HELCO, MECO; Effective Date:1/1/2011)143 4 .8 43 9 .2 1M auiFijiKauaiHawaiiM o lo kaiLanai5. Fiji - rates published by Fiji Electricity Authority (Effective Date: November2010)6. San Diego Gas & Electric Co. and Florida Power & Light Co., - rates published by JEA Electric System (as of October 2010) Converting major trunk lines underground which secures keypower delivery lines against damage to lines from disasters savingthe cost of repairs on these lines and allowing a quicker recoverytime for the whole island.15

High System ReliabilityConnected to no other power grids, GPA’s Island Wide Power systemalone provides the electricity for all those who rely on public power onGuam. GPA has been and remains focused on the issue of high systemreliability.The Automation Generation Controls and Generator Tuning projects arekey to GPA’s quest for high system reliability. The Automation GenerationControls Capital Improvement project, in conjunction with the completedGeneration Tuning project, will improve the Authority’s ability to react tooutages that require isolating circuits to protect the system from an islandwide outage. Power quality is the goal as GPA works to fully automatebaseload generators controls to quickly restore service to customers.A part of reliability is to track outages. GPA maintains a database of thecauses of outages. This information is used to determine long-term solutionsand prioritize focus areas. Technology plays an important role in improvingreliability. GIS mapping of customer meters will provide greater accuracy toavoid outages caused by over loads.Customers are already better informed about power outages. Whennecessary maintenance outages are scheduled or when emergencies occur,up-to-the-minute information is posted and updated on the GPA websiteat www.guampowerauthority.com. This timely resource is available to thepublic, government officials and the media via internet connection fromboth computers and smart phones.Fuel Cost Savingsfrom Line Loss ReductionsIn general, line loss is the discrepancy between theenergy produced and the energy transmitted anddistributed to our customers. GPA is making line lossmanagement an authority-wide program initiative.From 2005, our annual percentage of line losses havedecreased consistently and was 6.69% in 2010. Sincefuel is the primary cost component to produce power,we relate our line loss savings to cumulative fuelsavings of 4.9 M from 2005 - 2010.16 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 -10%8.17%7.56%7.51%7.07%6.82%6.69%8%6% 1,584,229 2,433,135 8 4 8 ,9 0 6 3,853,212 3 6 2 ,2 70 4,672,139 4,863,129 2,795,405 1,0 57,8 0 7 8 18 ,9 2 7 19 0 ,9 9 04%2%0%FY 2005FY 2006 Savings/ ( Loss)FY 2007FY 2008Cumulative SavingsFY 2009FY 2010Percent age of loss reductionNotes:1) Savings calculated by comparing KWH losses from current andprevious years, multiplied by cost/kwh for fiscal year.17

Energy Solutions for CustomersThe Smart Grid Q&AAnother aspect of GPA’s commitment to providing Guam rate payers withfair and affordable rates for both residential and business customers is that of“Demand Side Management” solutions. Some of the affordability in rates willbe managed by the customers themselves using new technologies to enhance theefficiency of electrical power usage. GPA has made great progress toward the goalof providing customers the tools to enable them to manage their power bills.Who Will Pay for Guam’s Smart Grid and What Will Be Included?The Smart Grid program is funded 50% by the Guam Power Authority and 50% bythe U.S. Department of Energy under the American Recovery and ReinvestmentAct of 2009. The Smart Grid will save ratepayers money by significantly increasingthe efficiency of the generating plants and the transmission and distributionsystem and enhancing customer service.Business CustomersWhat is a Smart Meter?Business customers will be able to control their energy costs with anotherinnovative outreach program. In 2010, GPA entered into partnership withJohnson Controls, Inc. to provide demand side management (DSM) energy auditservice to commercial customers. JCI will create individualized recommendationsto reduce energy consumption by installing efficiency technologies and practicingconservation programs.Residential CustomersGPA’s Pre Paid Meters program will give residential customers the tools tomanage their energy consumption. A pilot program was introduced in 2009 andmore extensively tested in 2010. Some 100 volunteer households—primarilythose of GPA employees and their families—participated in the trial runconducted by the GPA Engineering Department.When testing is completed, GPAwill offer pre-paid meters to thoseresidential customers who wantto manage their household energyconsumption and control their utilitycosts.Additional savings will be achievedwith this program because residentialcustomers with pre-paid meters willno longer be required to pay securitydeposits to maintain a reserve deposit.Since monthly bills are pre-paidcustomers will not incur reconnectionfees due to failure to pay on time.18What are the benefits of the Smart Grid?A component of the Smart Grid is the Smart Meter. About 46,000 Smart Meterswill be needed to serve all residential and commercial customers on Guam.Replacing GPA’s current meters, Smart meters will instantly report how muchpower is being used to both the individual ratepayer and to GPA.What is “the grid”?“The grid” is an electrical power infrastructure that generates and delivers energy tohomes, schools, businesses and everywhere electrical power is needed. Whether weare talking about the nation-wide grid that serves the U.S. mainland or our own GuamPower Authority’s Island Wide Power System (IWPS), the traditional electrical grid isbecoming more outdated every day.Because of the growing demand for electrical power, security concerns aboutdepending on centralized power plants and the need to be less dependent on fossilfuels, the federal government and local communities are looking for ways to applytechnology to create a far more efficient, versatile and “smarter” way to connect—a“Smart Grid.” The Smart Grid’s impact on our lives is predicted to be as great as that ofthe Internet.What is a “Smart Grid”?The basic idea is to enable a two-way flow of both energy and information betweenthe consumer and the producer.Traditionally, electrical energy flows one-way through the power grid. With the SmartGrid and its two-way energy flow, consumers who create excess energy will have thecapability to sell that energy to the power company.In the current grid, the information also flows one-way! GPA technicians must go onsite to our homes and businesses every month to read electrical meters to determinehow much power each customer has used.Having access to this “real time” information has advantages for both theconsumer and the utility company. Consumers will be able to better manageenergy consumption at homes and businesses. GPA will also know about outagesas they occur and be able to constantly monitor system conditions.Where are we now?GPA is in its initial planning phases and is determining the needs of GPA and itsconsumers. Over the next three years, GPA will be implementing the followingaspects of the Smart Grid Program: Increased consumer participation: Smart Meters will be providing customersenhanced abilities to understand and control their energy usage. Self Healing: Using real time information sensors, GPA will be able toanticipate, detect, and respond to system problems. Through these newtechnologies, GPA will also be able to automatically avoid or mitigate poweroutages, resolve power quality issues, and quickly service disruptions. Attack Resistance: Smart grid technologies better identify and respondto man-made or natural disruptions. Real-time information enables gridoperators to isolate affected areas and redirect power flows around damagedfacilities. Asset Optimization: Technologies that harmonize GPA’s assets to customerdemands and provides the lowest cost to rate payers will be implemented. Savings from Reduced Waste: GPA will generate only theamount of electricity that is needed at any given time. This willsave on fuel consumption, carbon emissions, and wear and tearon equipment. Consistent voltage: GPA will be able to continuously monitorvoltage, which is easier on appliances and electronics. Less Down Time: Outages will be shorter because GPA will beable to pinpoint line faults and improve response times. More Consumer Capabilities: Ratepayers will be able to utilizeat-home technologies to review, adjust, and manage their powerconsumption.What will the SMART Grid do for our future? Jobs and opportunities will be created. The rollout of Smart Gridwill trigger economic expansion in communications, technology,and higher education on Guam. Make it possible for renewable energy technologies to connect tothe Island Wide Power System. GPA is already at work seekingalternative energy to replace all or some of the fossil fuel thatis now used to generate electricity. As alternative/renewableenergy sources become available, the Smart Grid will be able to“sync” them into the Island Wide Power System. Customers will be able to use commercial generators, solarpanels or other alternatives for part or all of their energy needs. We’re already “Smarter.” “Smart” technologies already in place have increasedthe capacity and efficiency of generating power by automating the mastercontrol functions.19

Kulu:Calling People TogetherHistorians tell us that the kulu or tritontrumpet (Charonia trinonis) was usedby ancient Chamorros as a horn. Todayon Guam the “blowing of the kulu” is awelcome that calls people together to sharein a cultural event or fiesta.1This tradition honors the ancient peopleof Guam and salutes today’s Pacificislanders, many of whom sound thewelcome in much this same way.Cunningham, Lawrence J. 1992. Ancient Chamorro Society,Honolulu: The Bess Press.1Update on the Integrated Resource Plan-IRPThe Guam Power Authority continues its journey toward the integration of alternative sources of renewableenergy for generating power on Guam. The greatest challenge to GPA, and indeed to all electricity producers, isto become less reliant on oil and to diversify with renewable energy sources that are right for community. At thepresent time, all of GPA’s resources for generating electricity require fuel oil purchased on the world market andshipped long distances to Guam.GPA’s goal is to integrate affordable, clean, safe alternative sources of energy for generating power for the peopleof Guam. The quest for this goal began with the draft of a plan for action called the “IRP” or Integrated ResourcePlan and continues with contracts to determine the most feasible and economical fit to our Island Wide PowerSystem (IWPS.) Eventually these alternate sources of energy will contribute to a sustainable future for the island ofGuam. Long-term energy solutions will not only reduce dependency on fossil fuels, but will create a new industryon the island , one that is already providing new career and business opportunities.FY 2008Four public stakeholder meetings were held in late 2007 and in 2008. In June 2008, GPA submitted the finaldraft of the Guam IRP to the Guam Public Utilities Commission. A copy of the Guam IRP is available online atwww.guampowerauthority.com. The Guam PUC, which must approve any plan for acquiring new power generatingfacilities, granted GPA permission to study wind power as a viable opportunity for GPA to reduce costs for makingelectricity on Guam.FY 2009In April 2009 GPA announced an Invitation for Multi-Step Bid (Bid No. GPA-038-09) for renewable energyresources in the form of purchase power contract(s). The bid closed in September 2009 and was cancelled onNovember 30, 2009, due to Public Law 30-66, enacted on November 27, 2009. GPA planned to re-announced thePhase I solicitation in 2010 re-soliciting Phase I of the Renewable Bid in the third quarter of 2010 and Phase II inthe fourth quarter of 2010. The schedules were contingent upon completion of the Guam Attorney General’s fullreview and approval.GPA’s strategic criteria for the Integrated Resource Plan-IRP Reliable electric service continues to be a key issue for Guam. While significantgains have been made, it is important to continue to improve. The GPA plants that generate the island’s electrical power have a significantenvironmental footprint. Future energy resources must be in keeping withevolving renewable resource goals. The current generating fleet is dependent on oil-based fuels, but GPA has a goalof diversifying its generation resources. The IRP stakeholder process recognizes that GPA’s customers desire a moremeaningful dialog with the Authority on issues that affect them. The Department of Defense expansion will impact the electrical powerinfrastructure. GPA should exchange and provide information to DOD NEPAduring the IRP process.FY 2010Early in FY2010, legislation was enacted allowing GPA to enter into long term contracts. This ability will allowprospective energy suppliers to submit proposals at costs that will be competitive and affordable. GPA representatives have met with potential energy providers during a pre-bid conference to procure alternative renewable energysolutions. Final bids for GPA-027-11, Renewable Resource Acquisition Invitation for (Multi-Step) will be due April5, 2011. A technical review committee will determine the most feasible and economical fit to the Guam IslandWide Power System and the needs of the community.21

Superior Service to CustomersSuperior service to our island community is at the heart of the GuamPower Authority’s mission driving all nine of its strategic goals. Superiorcustomer service begins with a professional, trained work force. GPA’s over500 employees have opportunities to identify and expand their skills throughtraining and development programs. GPA’s program of work force planningstresses the advantages of compensation and benefits of the Governmentof Guam and a monitoring program that keeps the GPA retirementfund payments on track and produces demographic projections that areinformative to recruitment.Two programs directly affect the pool of qualified employees GPA candraw from. The GPA engineering scholarship program curren

Charting OUR COURSE TO NEW Energy SOLUTIONS ChartingOUR COURSE TO NEW Energy SOLUTIONS Guam Power Authority ATURIDAT ILEKTRESEDAT GUAHAN Communications/Public Information Division P.O. Box 2977 Hagåtña, Guam 96932 Telephone: (671) 648-3000 www.guampowerauthority.com GUAM POWER AUTHORITY ANNUAL REPORT 2010 GUAM POWER AUTHORITY ANNUAL REPORT 2010 2 3

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